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by Arshad Iqbal

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Business statistics multiple choice questions has 576 MCQs. Business statistics quiz questions and answers pdf, MCQs on probability distributions, probability theory, measures of dispersion, measures of central tendency, introduction to business statistics MCQs with answers, sampling distributions, confidence intervals and estimation, data classification, tabulation and presentation, skewness and kurtosis, moments MCQs and quiz to test study skills for CBAP/CCBA/PMI-PBA certifications.

Business statistics multiple choice quiz questions and answers pdf, statistics exam revision and study guide with practice tests for CBAP/CCBA/PMI-PBA for online exam prep and interviews. Business statistician interview questions and answers for data and statistical analyst to ask, to prepare and to study for jobs interviews and career MCQs with answer keys.

Confidence intervals quiz has 21 multiple choice questions. Data classification, tabulation and presentation of data quiz has 65 multiple choice questions. Introduction to probability quiz has 64 multiple choice questions. Introduction to statistics quiz has 64 multiple choice questions with answers.

Measures of central tendency in statistics quiz has 71 multiple choice questions. Measures of dispersion quiz has 97 multiple choice questions. Probability distributions quiz has 83 multiple choice questions. Sampling distributions quiz has 53 multiple choice questions. Skewness, kurtosis and moments quiz has 58 multiple choice questions.

Business statistician interview questions and answers for data and statistical pdf, MCQs on histograms, measures of dispersion, measures of central tendency, skewness and kurtosis, relative measure of skewness, coefficient of skewness, frequency distribution, relative frequency, frequency curve, arithmetic mean, average deviation measures, averages of position, Bayes theorem, binomial distribution, binomial probability distribution, exponential distribution, hypergeometric distribution, calculating moments, Chebyshev theorem, class width in statistics, classification and cluster sampling, confidence interval interpretation, definition of probability, discrete probability distributions, continuous probability distribution, normal distribution, Poisson distribution, data classification, data measurement in statistics, data tables and types, distance measures, empirical values, expected value and variance, harmonic mean, squared deviation, interquartile deviation, interquartile range of deviation, introduction of estimation, introduction to statistics, mean absolute deviation, measurements in statistics, measures of skewness, measuring dispersion, median, mean and mode, multiplication rules of probability, percentiles, population parameters and sample statistic, principles of measurement, principles of sampling, probability and counting rules, probability experiments, probability rules, random variable classes, rectangular distribution, mean and standard deviation relationship, relationship between mean median and mode, rules of probability and algebra, sample space, sample statistics, sampling distribution in statistics, sampling distributions, sampling techniques, skewness and skewed distribution, sources of data, standard errors in statistics, standard normal probability distribution, statistical analysis methods, statistical data analysis, statistical measures, statistical techniques, statistics formulas, stratified sampling, structured data, symmetrical distribution, types of bias, types of events, types of statistical methods, uniform distribution, standard deviation in statistics, variance and standard deviation, variance in statistics, business statistics worksheets for competitive exams preparation.

Publisher: Bushra ArshadReleased: May 29, 2016ISBN: 131133467XFormat: book

**Moments **

**MCQ 1: **The range or set of values which have chances to contain value of population parameter with particular confidence level is considered as

A. secondary interval estimation

B. confidence interval estimate

C. population interval estimate

D. sample interval estimate

**MCQ 2: **The upper and lower boundaries of interval of confidence are classified as

A. error biased limits

B. marginal limits

C. estimate limits

D. confidence limits

**MCQ 3: **For a parameter whose value is unknown, the belief or claim for that parameter is classified as

A. parameter claim testing

B. expected belief testing

C. hypothesis testing

D. primary limit testing

**MCQ 4: **If the standard deviation of population 1 is 3 with sample size is 8 and the population 2 standard deviation is 5 with sample size is 7 then the standard deviation of sampling distribution is

A. 4.044

B. 3.044

C. 1.044

D. 2.044

**MCQ 5: **Considering the sample statistic, if the mean of sampling distribution is equal to population mean then the sample statistic is classified as

A. unbiased estimator

B. biased estimator

C. interval estimator

D. hypothesis estimator

**MCQ 6: **If the point estimate is 8 and the margin of error is 5 then the confidence interval is

A. 3 to 13

B. 4 to 14

C. 5 to 15

D. 6 to 16

**MCQ 7: **To develop interval estimate of any parameter of population, the value which is added or subtracted from the point estimate is classified as

A. margin of efficiency

B. margin of consistency

C. margin of biasedness

D. margin of error

**MCQ 8: **In confidence interval estimation, the confidence efficient is denoted by

A. 1 + β

B. 1 - β

C. 1 - α

D. 1 + α

**MCQ 9: **Considering the sample size, the sampling distribution standard error decreases when the

A. size of sample increases

B. size of sample decreases

C. margin of error increases

D. margin of error decreases

**MCQ 10: **The method in which the sample statistic is used to estimate the value of parameters of population is classified as

A. estimation

B. valuation

C. probability calculation

D. limited theorem estimation

**MCQ 11: **In confidence interval estimation, the interval estimate is also classified as

A. confidence efficient

B. confidence deviation

C. confidence mean

D. marginal coefficient

**MCQ 12: **If the sample size is greater than or equal to 30 then the sample standard deviation can be approximated to population standard deviation for the

A. known standard deviation

B. unknown standard deviation

C. standard interval deviation

D. population interval theorem

**MCQ 13: **The value of any sample statistic which is used to estimate the parameters of population is classified as

A. point estimate

B. population estimate

C. sample estimate

D. parameter estimate

**MCQ 14: **The distance between the true value of population parameter and estimated value of population parameter is called

A. error of central limit

B. error of confidence interval

C. error of estimation

D. error of hypothesis testing

**MCQ 15: **The knowledge of possible errors, point estimate and the degree of confidence is classified as

A. interval estimation

B. confidence interval

C. hypothesis testing

D. both a and b

**MCQ 16: **In confidence interval estimation, the formula of calculating confidence interval is

A. point estimate * margin of error

B. point estimate ± margin of error

C. point estimate - margin of error

D. point estimate + margin of error

**MCQ 17: **The difference between value of parameter of population and value of unbiased estimator point is classified as

A. sampling error

B. marginal error

C. confidence error

D. population error

**MCQ 18: **If the critical value of normal standard variable is 0.95 and the standard error of specific statistic 3.5 then the margin of error is

A. 2.325

B. 3.325

C. 4.325

D. 5.325

**MCQ 19: **Considering the sample statistic, if the sample statistic mean is not equal to population parameter then sample statistic is considered as

A. unbiased estimator

B. biased estimator

C. interval estimator

D. hypothesis estimator

**MCQ 20: **The criteria of selecting the point estimator must include the information of

A. consistency

B. unbiasedness

C. efficiency

D. all of above

**MCQ 21: **If the true value of population parameter is 10 and the estimated value of population parameter is 15 then the error of estimation is

A. 5

B. 25

C. 0.667

D. 150

Answers Key:

1. **B **

2. **D **

3. **C **

4. **C **

5. **A **

6. **A **

7. **D **

8. **C **

9. **A **

10. **A **

11. **A **

12. **B **

13. **A **

14. **C **

15. **D **

16. **B **

17. **A **

18. **B **

19. **B **

20. **D **

21. **A **

**MCQ 1: **If the vertical lines are drawn at every point of straight line in frequency polygon then by this way the frequency polygon is transformed into

A. width diagram

B. length diagram

C. histogram

D. dimensional bar charts

**MCQ 2: **The diagrams such as cubes and cylinders are classified as

A. one dimension diagrams

B. two dimension diagram

C. three dimensional diagrams

D. dispersion diagrams

**MCQ 3: **The discrete variables and continuous variables are two types of

A. open end classification

B. time series classification

C. qualitative classification

D. quantitative classification

**MCQ 4: **In stem and leaf display diagrams used in exploratory analysis, the stems are considered as

A. central digits

B. trailing digits

C. leading digits

D. dispersed digits

**MCQ 5: **The classification method in which the upper limit of interval is same as of lower limit class interval is called

A. exclusive method

B. inclusive method

C. mid-point method

D. ratio method

**MCQ 6: **The type of cumulative frequency distribution in which the class intervals are added in top to bottom order is classified as

A. variation distribution

B. less than type distribution

C. more than type distribution

D. marginal distribution

**MCQ 7: **The data based on workers salary is as 2500, 2700, 2600, 2800, 2200, 2100, 2000, 2900, 3000, 2800, 2200, 2500, 2700, 2800, 2600 and number of classes desired is 10 then width of class interval is

A. 400

B. 300

C.

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